New Zealand’s regulator, the Commerce Commission, has given its approval to Microsoft’s acquisition of Activision Blizzard. The decision was made after considering the importance of Activision games like Call of Duty, Overwatch, and World of Warcraft to New Zealand gamers. The Commission also assessed whether Microsoft would hinder competition by preventing rivals such as Sony and NVIDIA from offering these games on consoles and cloud platforms.
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Business Mergers and Acquisitions Technology Video Games Microsoft Set to Acquire Activision Blizzard as New Zealand Approves Buyout
In a significant development, Microsoft’s $69 billion acquisition of Activision-Blizzard has been approved by the Commerce Commission of New Zealand. This decision marks New Zealand as the latest country to give the green light to the highly anticipated deal. With this approval, Microsoft is now cleared to proceed with the acquisition in 41 countries, except for Australia, which is yet to make a decision.
0 204 0August 8, 2023